Markets await US jobs report; Lagarde says eurozone recovery still fragile – business live | Business

Good morning, and welcome to our rolling coverage of the world economy, the financial markets, the eurozone and business.

Arguably the most important data release of the month for global investors, the US jobs report, is looming over markets today.

June’s Non-Farm Payroll is expected to show a jump of around 690,000 jobs last month (although forecasts vary), up from 559,000 in May, with the unemployment rate dipping to 5.7% from 5.8%.

Wages are forecast to have risen 0.4% in the month, and 3.7% over the last year, as the reopening of the economy has helped to boost pay.


? A Day Ahead!

? Markets are mostly calm ahead of Nonfarm Payrolls trade

? The market makers expect an increase of 690,000 jobs in June

? Cryptocurrencies still down, Bitcoin is traded under $33,000 and Ethereum battling around $2,000.#Bitcoin #etherium #NFP #eurusd

July 2, 2021

Investors will…

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